00:00These days even having a steady income doesn't guarantee a stable future with
00:04the majority of workers living paycheck to paycheck many will face a rude
00:08awakening come retirement. Here are five tips to save for retirement while living
00:12paycheck to paycheck.
00:15Coinage. Life well spent. Presented by GEICO. The most important thing you can do is make a
00:21budget and stick to it. Prioritizing your necessary expenses will help you find
00:25the savings you can afford. Nobody enjoys paperwork but capitalizing on employer
00:30benefits like 401ks or health savings plans help you sock away a portion of
00:35your paycheck automatically. Channel your inner deal hunter and grab discounts
00:40where you can. This doesn't just apply to sales you should also try to
00:43renegotiate payments or search out better rates on things like student loans or
00:47phone bills. Don't blow those savings on concert tickets put them in an IRA where
00:52they can grow. When you get paid be sure to contribute to your savings first then
00:57pay your bills. With anything left over you can indulge in a night at the movies
01:01or a new shirt but don't overdo it. Over time you'd be surprised how much even
01:06twenty-five dollars a week can turn into a healthy nest egg. Every little piece
01:11helps so you really have no excuse. Stop worrying about the future and start
01:16dealing with it. Coinage. Life well spent. Presented by GEICO.
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